Stock trading means when people buy and sell shares of companies in the stock market. When a share is purchased. Below are top 5 apps for stock trading in India for beginners. The goal of stock trading is to buy shares at a low price and later sell them at a higher price to make a profit.
There are two main types of stock trading:
Day Trading: Shares are bought and sold on the same day to make quick profits from small changes in prices.
Long-term trading: Shares are bought and held for a long period of time in the hope that the value of the company will increase over time.
Stock trading is done through online portals or through brokerage firms. NSE or BSE in India. Knowledge about market trends is needed to be successful in stock trading.
What is share means in stock trading?
In stock trading, a share is a small part of a company that can be bought or sold. When a share is bought, ownership of a tiny portion of the company is gained. The price of the share can go up or down based on how well the company is doing. If the company does well, the value of the share is likely to increase, and it can be sold for a profit. Shares are traded on the stock market, and people buy and sell them there to try to make money.
What is Share in company?
A share is a small part of a company that can be bought or sold. When a share is bought, ownership in the company is gained. So, if a company does well, the value of the shares may go up, and if the company doesn’t do well, the value might go down.
People who own shares are called shareholders. They can make money in two ways: one is by receiving a dividend (a portion of the company’s profit) and the other is by selling the share at a higher price than it was bought for. Shares are bought and sold on the stock market and their prices change depending on how the company is doing.
Top 5 apps for stock trading in India for beginners
Here’s a table summarizing the information about the stock trading apps for beginners:
| Zerodha Kite | Simple user interface, low brokerage charges, real-time market data, good educational resources. | Android, iOS | 4.5/5 | Low brokerage charges |
| Upstox | User-friendly interface, real-time market data and charts, low brokerage charges, educational content for beginners. | Android, iOS | 4.4/5 | Low brokerage charges |
| Groww | Easy-to-use interface, investment in stocks and mutual funds, no hidden charges, educational tools for beginners. | Android, iOS | 4.5/5 | No hidden charges |
| Angel One | Easy sign-up, research tools and market analysis, free educational resources, low brokerage charges. | Android, iOS | 4.4/5 | Low brokerage charges |
| 5paisa | User-friendly interface, advanced charting and analysis tools, research reports, affordable pricing. | Android, iOS | 4.2/5 | Affordable pricing |
Top 5 apps for stock trading in India for beginners
Below are some stock trading apps which we thinks are good in market. And rating is depends on reviews we get.
Zerodha Kite
Zerodha is one of the most trusted and popular apps for stock trading in India. It’s known for its simple and easy-to-use design, which makes it great for beginners. The app has powerful tools for checking the market and analyzing stocks. People love it because it has low fees when buying or selling shares.
Best Reviews: The app is liked for its simple layout, real-time market updates, and useful charts. Many users also mention that the customer support is very helpful.
Rating: 4.5/5
Available on: Android, iOS
Upstox
Upstox is another great app for beginners. It has a clean design and makes it easy to trade stocks. Upstox is popular because it gives real-time data and has great educational tools for learning. It’s also known for its low fees, which is a big plus for new traders.
Best Reviews: People like how easy it is to use and how quickly trades are made. Many users also mention how helpful the educational content is for beginners.
Rating: 4.4/5
Available on: Android, iOS
Groww
Groww is an app that is loved by beginners because of its easy design and low costs. It’s not just for stocks, but also for mutual funds and other investments, so it’s a good all-in-one app. With Groww, people can start trading with small amounts of money.
Best Reviews: The app is appreciated for being easy to use and allowing users to trade with low amounts. People also like the educational resources and the way they can track their investments.
Rating: 4.5/5
Available on: Android, iOS
Angel One (formerly Angel Broking)
Angel One is a trusted app for trading stocks. It’s known for being easy to use and having strong research tools that help beginners understand the stock market better. The app also offers low charges for trading, which is good for people who are just starting.
Best Reviews: Users like the detailed research tools and how easy it is to get started. It’s also praised for the learning content that helps people learn how to trade.
Rating: 4.4/5
Available on: Android, iOS
5paisa
5paisa is a low-cost app that is perfect for beginners. It provides good tools for analyzing stocks, like charts and research reports. The app allows users to trade stocks with low fees, making it a good choice for those just starting out.
Best Reviews: Users like the app because it’s affordable and the account setup is quick. People also mention that the app provides good stock tips and research, which is useful for new traders.
Rating: 4.2/5
Available on: Android, iOS
Check other articles for automated trading apps in India, Here
FAQs
1.BSE or NSE which is better for beginners?
the BSE is also a good platform, with a long history and reliable services. It has a more established presence, but it is often considered less liquid and slower compared to the NSE. So for beginners, NSE is often recommended due to its higher liquidity, better technology, and more accessible educational resources.
2.Why do share prices of the same company different in BSE and NSE?
Share prices of the same company can differ on BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) for a some reasons.
Demand and supply are different in both banks. If many people are buying or selling at one store, the price may be slightly higher or lower compared to another store.
Secondly, liquidity (the ease of buying or selling stocks) tends to be higher on the NSE. With so many people trading there, the price remains stable. There may be few people trading on the BSE, so the price can change rapidly.
Finally, the prices of both exchanges are generally very close, but may differ slightly over short periods of time.